A major lesson learned was the importance of being a genuine human being in your interactions with others.

Taking action is the most important thing.

Also, important to confirm they will be warrantable condos for end buyers otherwise it will be very difficult for end buyers to secure financing and thus purchase the units. 

Verifying last 2 years of rental history very important!

Knowing the laws ahead of time and the process is very important but just know that lateness's are part of the game we play.

Another aspect that's important is to communicate to your relinquishing property buyer (Boston condo) that you're going be doing a 1031X and that they can offer you flexible closing time.

@Cameron Porter ultimately the most important part is the ARV, inclusive of the expected rehab costs.

Hi Mikey, investing in the US is a great idea, but it's really important to work with a great team.

Hi Evan from Sayville, NY-You asked about whether a lender would pay real estate commissions and closing costs with a short sale.I negotiated a lot of short sales after the Great Financial Crisis.Short sales are similar to dealing with a bank owned property accept the bank is trying to avoid taking it back so the terms, specifically an acceptable purchase price, have to be negotiated.The thing I found that was important to negotiate was the lender agreeing to settle without further recourse for the seller.

For co-living spaces, it’s important to confirm that lenders are comfortable with the unique rental model, as it can impact property valuation.